The Swiss franc extended gains against the euro on Thursday as a downgrade of Spanish debt added to re-emerging concerns about eurozone debts and pushed investors into safe-haven currencies such as the Swissie. The franc rose 0.3 percent against the euro compared to the New York close, trading at 1.2897 francs per euro at 0854 GMT.
The franc was 0.3 percent softer against the greenback at 0.932 francs per dollar, some way off last week's all-time high of 0.9197 francs to the dollar.